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Photo: Bangladesh cricketers Shakib Al Hasan (L) and Nasir Hossain walk onto the playing

2015-07-02 00:00:00

Open-end mutual funds to be listed

Mohammad Mufazzal | 2015-07-02 00:00:00

Open-end mutual funds (MFs) from now on will be able to be listed with the main bourse as per the regulatory approval, officials said. The Bangladesh Securities and Exchange Commission (BSEC) has included the listing provision for open-end MFs in...

HC stays BSEC directive on Orion Pharma placement share

Mohammad Ali | 2015-07-02 00:00:00

The long pending higher-priced placement share of Orion Pharma Ltd further hangs in the balance as the High Court (HC) stayed the securities regulator's recent directive to settle it, sources said. "The HC stayed the directive of Bangladesh Securities and...

Number of new BO accounts up 8pc in Fiscal Year 15

FE Report | 2015-07-02 00:00:00

Number of new beneficiary owners' (BO) accounts rose around 8.0 per cent in the just concluded fiscal year (2014-15) compared to the previous fiscal thanks to the rise in the initial public offerings (IPOs). Some 2,36,104 new BO accounts were...

Govt revenue earnings from DSE static

FE Report | 2015-07-02 00:00:00

The government's revenue earnings from Dhaka Stock Exchange (DSE) remained almost static during the fiscal year (FY) 2014-15 compared to the earnings observed in previous FY. During the FY 2014-15, the government's revenue from the DSE stood at above Tk...

ICC Director expires

2015-07-02 00:00:00

Mr. Francois-Gabriel Ceyrac, Director of ICC National Committees and Membership recently passed away in his sleep at his home in Paris. His death has come as a great shock to all at International Chamber of Commerce, The world business organization...

Rupali Bank MD’s tenure extended

2015-07-02 00:00:00

Rupali Bank Managing Director M. Farid Uddin's tenure of job was extended for one year Wednesday.  A circular issued by  Ministry of Public Administration’s upper division-3 disclosed the order which was  signed by Deputy Secretary Mizanur Rahman.   The order will...

MTB celebrates 50 years of banking of its DMD

2015-07-02 00:00:00

Quamrul Islam Chowdhury, a veteran of fifty years in banking including more than 15 (fifteen) years at Mutual Trust Bank Ltd. (MTB) retired Wednesday as MTB Deputy Managing Director and Group Company Secretary. His 50 (fifty) years of uninterrupted services...

Photo: NCC Bank

2015-07-02 00:00:00

Photo: The 15th Annual General Meeting (AGM) of Dhaka Insurance Limited

2015-07-02 00:00:00

Photo: Petromax Refinery Ltd (PRL), a subsidiary of Shahjibazar Power Co. Ltd.

2015-07-02 00:00:00

Photo: The BDBL has recently organised a foundation training course

2015-07-02 00:00:00

Photo:Bangladesh Krishi Bank (BKB)

2015-07-02 00:00:00

AGM/EGM/Record Date (Last Updated on June 30, 2015)

2015-07-02 00:00:00

shohoz.com makes bus tickets easily available for travellers

2015-07-02 00:00:00

Homebound people can now book their bus tickets from their residence without having to go through the usual hassles during the Eid season. The website shohoz.com has been providing online ticketing service for about a year now for routes across...

SATIS to be finalised soon

Rezaul Karim | 2015-07-02 00:00:00

The Schedule of Specific Commitments among the SAARC countries under the SAARC Agreement on Trade in Services (SATIS) is expected to be finalised to expand cooperation in service, trade and further deepen the integration of the regional economies soon, officials...

New global agenda demands new approaches to public policy making

FE Desk | 2015-07-02 00:00:00

Implementation of the new global development agenda demands balanced integration of economic, social and environmental dimensions in the national policy frameworks. Successful delivery of the Sustainable Development Goals (SDGs) will also need to establish greater coherence within global governance structure....

Development of leadership, communication skill for marginal farmers stressed

2015-07-02 00:00:00

RANGPUR, July 1 (BSS): Speakers at a training course have stressed developing leadership and communication skill of the small and marginal farmers to ensure food security of the extremely poor rural people. They were addressing concluding ceremony of a three-day...

E-tender process in the offing: Nasim

2015-07-02 00:00:00

Health and Family Welfare Minister Mohammad Nasim Wednesday said e-tendering system will be carried for procurements of the ministry with a view to ensuring transparency and accountability, reports BSS. "All procurements of CMSD and various departments of the health ministry,...

Benapole port sees rise in revenue collection

2015-07-02 00:00:00

BENAPOLE, July 1 (UNB) : Revenue income at Benapole land port has exceeded the target for the first time in the outgoing fiscal 2014-15, said sources. Benapole customs sources said the port authorities increased the prices of the imported goods...

Correction

2015-07-02 00:00:00

The headline of a news item on page 17 of Tuesday's issue of the Financial Express "Air Asia resumes Dhaka operations after a decade" should read 'after four years'-not 'after a decade' as appeared. The inadvertent mistake is regretted.

Photo: Sonali Bank Limited

2015-07-02 00:00:00

Mixed trend in PCBs\\\' H1 operating profit

Siddique Islam | 2015-07-02 00:00:00

The operating profit of the country's private commercial banks (PCBs) showed a mixed trend in the first six months (H1) of the current calendar year (January-June 2015). Most of the banks, particularly the large ones, could not perform in line...

No feasibility study done

Jubair Hasan | 2015-07-02 00:00:00

After two decades of development work the Rajdhani Unnayan Kartripakkha (Rajuk) has now changed the concept of Purbachal New Town project to make it the country's first 'smart city' without any feasibility study. The latest change in concept of the...

Safe migration is all that wanted

Shahiduzzaman Khan | 2015-07-02 00:00:00

Against the backdrop of rising human trafficking incidences from Bangladesh, implementation of the anti-trafficking law has now become a pressing priority. The hurdles to its enforcement need be cleared immediately in order to counter bizarre human trafficking occurring in the...

Tax collection exceeds target

FE Report | 2015-07-02 00:00:00

Aggregate tax collection has finally overshot the target by Tk 12.38 billion in the just-concluded fiscal year (FY), largely for a yearend windfall in revenue receipt.        The National Board of Revenue (NBR), buoyed by the success attained through a coordinated...

Taiyo Life makes fresh move to get operating licence in Bangladesh

Jasim Uddin Haroon | 2015-07-02 00:00:00

Japanese insurance giant -- Taiyo-Life, is making a renewed move to get operating licence for doing insurance business in Bangladesh. The insurance authority -- IDRA, earlier in 2013 decided in principle to grant operating licence in favour of the Japanese...

Prayer Timings

2015-07-02 00:00:00

DPDC realises Tk 522.9m pending bills

2015-07-02 00:00:00

Country's largest power distribution company, Dhaka Power Distribution Company Ltd (DPDC),  realised outstanding electricity bills worth Tk 522.9 million between June 21 and 25 which is the highest amount collected in any special weekly drive. Thirteen out of the total...

Four to die, three get life for murder

2015-07-02 00:00:00

A Pirojpur court has sentenced four men to death and three others to life in prison for killing a youth nearly 17 years ago. District and Sessions Judge SM Solaiman delivered the verdict on Wednesday in the case over the...